The named after a u. s. secretary of state, provided massive sums of money in direct aid and loans to rebuild the european economic base destroyed during world war ii.

Marshall Plan

Explanation:

The program called the Marshall Plan became the expression of the American foreign policy to Europe.

They saw an economic recovery and redevelopment as a countermeasure to the ever-increasing influence of communist in post-war Europe.

US Secretary of State George Marshall saw the reconstruction of Europe as the primary goal when he spoke at Harvard University in 1947.

The Plan was a successful economic policy that also enabled the influence of American interest abroad to strengthen and the increasing market share on European countries.

The transferring of loans and incentives summed up to $13 billion to Europe in the years 1948-51.

When the Cold War settled the Western European powers remained allied with the US in terms of creating a liberal and free market that would later enable the reemergence of Europe in world affairs.

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1. seasonal

2. frictional unenployment

3. the number of the labor force multiplied by 100 and then subtract the number of unemployed.

4. 4%

5. an increase in prices